GMERICA: RICO's Rough Sting & Launching TEDDY on tZERO, Part 6
This post is just my opinion, and I am not a financial advisor. Do your own research.
We are living in a simulation and the movie is about to reach a climax.
In this post, I will be covering GameStop, Bed Bath & Beyond and the launch of TEDDY using tZERO with the help of an unexpected friend.
To start, I want to apologize for my post last weekend. It featured a fake screenshot of @ryancohen and @kaismaalej on a conference call. I am not aware of any verifiable communication between them so let's clear that up. I also deleted the post, after confirming something.
I reached out to Kais and apologized too. I knew the screenshot was fake from just looking at the original poster's X feed, since it was full of community-bashing comments and shilling.
The purpose of that post was to lead into this, part 6 and what is coming next - The Humiliation.
Many of you have followed me since $GME r/Superstonk and will recall one of my very first Due Diligence (DD) posts I ever wrote.
It was called, Wolves in Sheep Clothing and it's posted under the Highlights section on my X profile. That DD exposed some of the inner working of Superstonk, the Mods, and the bad actors or shills running that community.
We are all individual investors, with each of us holding for different reasons. I am holding because of Ryan Cohen, and I believe in what he is building with the Activist Affiliates (see my pinned profile post).
I invest in people like Ryan Cohen, not faceless companies and I'd guess many are too.
For those same reasons, these shills have migrated as well, following RC and infiltrating the communities created as a result of his investments into GameStop and Bed Bath & Beyond.
Over the last month, many of these bad actors have been exposed as deep-cover shill agents holding positions of authority, as DD writers, and as propped up community members.
With its latest discovery including Dismal-Jellyfish, a moderator and fake DD writer on Superstonk. He is the $BBBYQ equivalent of Neelay Das, who is currently stalling the courts in an attempt to delay the exit of Bed Bath & Beyond from chapter 11.
I understand that some people prefer to avoid this so-called drama, but there's a reason for it.
Exposing this only scratches the surface of a wide and vast shadow network that is operating behind the scenes. The sooner you accept and acknowledge that, the better prepared you will be for what's coming.
I mention this because there are many, many eyes watching. The bad actors and the white hats, or good guys. Each making counter moves against the other behind the scenes, and preparing for a final showdown.
Now, let's dive into…
RICO's Rough Sting
First off, what is RICO? It's an abbreviation for Racketeer Influenced and Corrupt Organizations Act. That's what the US Government used to take down organized crime and the mafia in the 1970s.
RICO is also used to describe 35 offenses, including kidnapping, murder, bribery, arson and extortion.
And it's not limited to just organized crime but also white collar crime like securities fraud where the Department of Justice (DOJ), a US Government agency, is responsible for enforcement with the help of the Securities & Exchange Commission (SEC).
From Grok: securities fraud, in the context of RICO, can involve a variety of deceptive practices in the stock and securities markets. These might include insider trading, Ponzi schemes, or false statements made to artificially inflate stock prices. The RICO Act allows for both criminal and civil actions to be brought against these financial terrorists.
RICO will go after everyone and anyone involved in securities fraud, racketeering, co-conspirators, and related crime. There is No Limit to who it won't reach and I hope it includes all the sleeper agent shills because where there is money involved, there's a paper trail, and probably an indictment waiting.
Time has run out.
We Are Living in a Fraudulent System
To see how RICO may apply, here are some key events from this saga:
It started in January 2021 with the GameStop squeeze (also known as the "sneeze"), where Robinhood turned off the buy button and collapsed the momentum of $GME from skyrocketing.
It was the first time in history where multiple stock brokers colluded and turned off the buy button because they were losing and decided to cheat mid-game.
Thomas Petterfy, CEO of Interactive Brokers, admitted on CNBC that he was terrified of domino bankruptcy. The shorts have not closed and the squeeze has not squoze, hence the sneeze.
It was later discovered that Robinhood operated on payment for order flow (PFOF) where it sends your trades to a market maker named Citadel or Virtu (currently under SEC investigation).
Citadel then executes your trade at a higher bid and skims money off of you, passing some of it back to Robinhood. John Stewart hosted a show to reveal PFOF. It's a dirty game and it looks like Bribery.
Next, there was TD Ameritrade's data warehouse and building which caught on fire then burned down. They claimed that the entire sprinkler system was knocked offline by a single falling shelf, which is hard to believe for an important data warehouse that was designed with protective safeguards and redundancy.
TD Ameritrade was speculated to hold important financial records and transactions relating to the GameStop sneeze and cohencidentally, the paper trail ended in a blazing fire.
There was a post on Reddit from a firefighter who said the building should have never burned down unless someone purposefully disabled the fire suppression systems which are backed by 24/7 monitoring and alarms that would notify dispatch of a fire.
But what was more shocking was the online video footage that showed construction crews hauling debris in smoldering hot flames (if you find the video, post it below). It looked like a cover up crew for Arson.
Now these events cover a tiny fraction of the numerous financial crimes committed, but let's keep going and see how much RICO will be capturing in the Storm.
GameStop issued a 4 to 1 split-dividend share in July 22, 2022, however, it was processed incorrect and exposed the Depository Trust Corporation (DTC or Cede & Co.) for international securities fraud.
The DTC is a clearinghouse for settling trades and it falsely instructed the brokers to process GameStop as a stock split, which doubles your existing share count instead of a split-dividend, which awards additional free shares. This is strange because Tesla has completed split-dividend transactions under the DTC without hassle.
Only with $GME did it become a problem, so perhaps the DTC ran out of dividend shares to award and resorted to stock-splitting, thus proving synthetic shares exist.
Why else risk committing securities fraud?
FINRA once reported $GME short interest at 226%. However, it's been nearly 3 years and shorts haven't closed, so it's probably over 9,000%.
For Direct Registered shareholders using Computershare, they were able to receive their split-dividend shares quickly. However, for non-DRS shareholders, some received the dividend but many did not.
In fact, a majority of non-DRS investors received stock split shares but no dividend from their brokers, which messed up their cost-basis for tax reporting purposes.
To make matters worse, international $GME investors were especially screwed over by brokers that operated on Contract for Difference (CFD). CFD exposed those brokers as issuing phantom shares or paper trading because the shares were never purchased and proves that brokers are swimming naked.
It's similar to now defunct crypto-FTX, where the exchange never held any real coins or reserves for its users. It was paper-trading and running a ponzi scheme made possible by the CFTC or Commodity Futures Trading Commission (the DTC equivalent for crypto).
Long story short, everything points back to the DTC and clearinghouses that act as middle-men for all these financial crimes. You could almost say kickbacks and Bribery is involved between brokers, exchanges, and clearinghouses. It's one big club and you're not in it.
GameStop once said in an SEC filing that if the DTC could not fulfill its obligations to deliver shares, then it would withdraw from the exchange and relist elsewhere. Since then, GameStop has pulled its credit rating too which is the first step towards a Merger & Acquisition. And I believe GameStop will play a significant role with the upcoming arrival of new company, Teddy.
Moving on, in November 30, 2021, Fidelity made 11 million $GME shares available to short. The cost to borrow had been skyrocketing in prior weeks and it looked like GameStop's stock was going to run, but out of nowhere the stock price fell off a cliff.
The collapsed stock price was timed exactly to end at 12:10pm when 11M shares appeared and were used to short GameStop. Shareholders exposed Fidelity on the subs and the moderators at r/Fidelity issued an apology due to a "glitch." The discovery triggered a mass exodus with shareholders leaving Fidelity and signing up for Computershare to Direct Register Shares (protect your shares, learn https://t.co/lSWd6o3S6L). GameStop later began sharing DRS count numbers in SEC filings, the first company of its kind.
Now it goes without saying, but Computershare is also no saint. Computershare has been questionable in several instances like removing 2-Factor Authentication without notifying its users. Computershare 2FA getting wiped out also matched an event when Reddit suffered a blackout, probably cohencidence.
Computershare has also spread FUD about DSP Plan vs. Book-entry DRS, only to later confirm DSPP (direct stock purchase plan) still enables the DTC to use DRS shares as $GME locates to enable shorting and failure-to-deliver shares (FTDs).
Do you think it was incompetence or willful ignorance?
Here, you decide - Computershare has revised their FAQs:
Regardless, DRS is still the way since it proves your shares are real and in your name when you Direct Register.
It enables you get priority shares if a dividend or unit share(s) are issued. Besides, your name appears in the same ledger next to Ryan Cohen in book-entry form for peace of mind. All board members at GameStop are DRS by default and Computershare is their official transfer agent, as listed on https://t.co/LYSbNyapy4 Investor Relations.
Throughout this saga, there has been a never-ending list of crimes committed and I believe those events have all been logged and recorded. The entire system is fraudulent and there is no saving it.
Enter The Sting: Cellar Boxer vs. Activist Investor
The events that have transpired fall under DOJ purview and are crimes under RICO. The worse part, is that it's still just scratching the surface but that's all about to change.
Between the stocks at GameStop and Bed Bath & Beyond, these two have shared very similar price movements either tracking similarly or inverted at times which makes zero sense because of a difference in their market cap size, total shares outstanding, and stock price.
By deductive reasoning, market manipulation and fraud is happening, everyday. I believe Ryan Cohen realized that before announcing his proxy bid for GameStop in 2020 and then putting his plans into motion.
Now let's turn to Bed Bath & Beyond, the last company Ryan Cohen invested into and see how RICO will apply:
Last year on September 4, 2022, the CFO Gustavo Arnal of Bed Bath & Beyond committed suicide by jumping off the 18th floor balcony. That's hard to believe because different articles state his family was in the room before he jumped. CFO's are responsible for managing the finances and money of the company, therefore, anything related to potential fraud usually involves the CFO.
Some may even recall Jim Cramer frantically tweeting that BBBY needs to sell shares.
Perhaps something else more sinister was going on in that room leading up to that very moment. Take a wild guess, but I doubt suicide as much as Epstein hanging himself.
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PHL Fed: the contagion is spreading - now fully half of the states aren't growing anymore, a strong recession signal; note that this is a 3-month change, meaning the stagnation started in Sep...
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